Storing your inventory is something that needs to be in an organised and safe manner. Here, we will guide you through how to have the safest inventory storage. 

Having good inventory management is an important part of owning your own business. It allows your business to maintain optimal stock levels and ensures that your business will always meet the needs of its customers. 

There are different types of inventory within all businesses. Inventory refers to the goods you sell but it also includes the items that are used in the production process, if that is done onsite, works in progress, finished products and supplies used in the production process but that are not part of the finished product. These are all items that are crucial to the continuing growth of your business so they must all be stored safely. 

Within this guide, we will dive into how you can have the safest inventory storage, that will keep your products and your employees safe. 

Proper Packaging And Labelling

One of the most important parts of inventory storage being safe is having proper packaging and labelling for your products. Proper packaging will mean that your products are safe during transit and proper labelling will mean that your products are easily identifiable. 

If you sell fragile items this is even more important. We highly recommend that you use strong, multi-walled boxes and add padding, such as bubble wrap or packing peanuts. 

When it comes to labelling, you should make sure that each package is labelled with the product name, the stock keeping unit (SKU), and the number of items inside. You should also work out a standardised labelling system so it is to track inventory levels and nothing will be misplaced. 

Inventory Management Systems 

Along with proper packaging and labelling, it is really important that you implement an inventory management system.

An inventory management system will include having ways to track and manage your inventory levels which can be done by using an inventory management software. You will also need to set minimum and maximum stock levels and perform regular stock checks and audits to check for any discrepancies. 

Level Of Security

Next to ensure that you have safe inventory storage it probably comes as no surprise that you need to choose storage that has a high level of security. Before signing any rental agreements, you should ask about what security measure the storage facility has in place. 

At Cinch Self Storage, all of your storage units are fitted with an alarm and smoke and fire detectors so your inventory will be safe from theft and environmental factors. We also have pin-code access in our stores where each person is given a unique pin that gives your access to your storage unit and your storage unit alone. All this, alongside 24/7 CCTV surveillance means that your inventory will be safe with us. 

The Right Amount Of Space 

Finally, one the best ways to make sure that your inventory storage is safe is to make sure that you have the right amount of storage space. 

Having a storage unit that is too small for the amount of inventory you have could lead to some of your products being damaged. If you are unsure of how much space you need, speak with the team at the storage facility. All of our teams are highly knowledgeable in self storage so they will be able to guide you to the perfect storage unit. 

The Benefits Of Inventory Storage 

Now we know how to keep your inventory storage safe, let us look at why you should be using it. 

Increased Space 

Storing your inventory within inventory storage will free up valuable space within your business location and it will give you more room for your business to grow. 

More Efficiency 

With the additional level of space you will have with inventory storage, you will be able to be highly efficient with your inventory management. This is really important as it will help you to track your inventory, to maintain a good level of all your products without overstocking and it will allow for higher levels of efficiency when picking and packing orders. 

Flexibility

As your business grows, you will find yourself in need of more space. Inventory storage, with the right storage company, allows you to upsize your storage unit when you need to. 

At Cinch Self Storage, you simply need to have a chat with the store team and they will find you a larger storage unit as soon as they can. With our inventory storage, you can also add some extra storage to cover you during a busy time period and then go back to your regular storage once the busy period is over. 

Cost Effective  

Renting offsite inventory storage will work out cheaper than moving to a larger business location. Also, most storage facilities are in a central location so you will save on transport and logistics costs. 

Security

As we have already mentioned, one of the largest benefits of using inventory storage is that your inventory will be safe because of the high levels of security. Just make sure that you pick the right storage facility, like Cinch Self Storage. 

How To Safely Store Inventory

Having safe inventory storage is really important. Your inventory is what makes your business so need to make sure that it is safe at all times. 

In order to do this, you need to make sure that you are using proper packaging and labelling. This will keep your products safe whilst in transit and whilst being stored. You need to have a good inventory management system in place that allows you to track and manage your inventory levels, set minimum and maximum stock levels and aid regular stock checks and audits to check for any discrepancies. 

Finally, you need to make sure that you have the right amount of inventory storage and that it is equipped with high levels of security. 

We hope you have found this guide helpful. If you would like to know more about our inventory storage, please click here to find your local store.